(Food-Beverage-News.Com, June 30, 2017 ) The Asia-Pacific Infant nutrition market consists of different sets of products from different infant formulas to an range of foods for babies. The market for total baby food and infant formula is nearly 8.03 billion and is expected to grow at a CAGR of 9.22% in 2016-2021.
The most significant trends currently driving the Infant Nutrition Market is the dynamic and competitive environment in the Chinese market. Due to the size and rapid growth of this market, the changes in China are having profound ripple effects throughout the global Infant Nutrition Market which in turn is affecting the majority of global manufacturers. China’s large base and rapidly growing volume of consumers with increasing purchasing power is very attractive to multinational brands; however, the 2008 melamine infant formula issues still overshadows the market and has created an environment where consumers are concerned with the health and safety of infant formula. In turn, government regulations continue to rise. Although there is robust demand for Infant Nutrition in China, particularly imported brands perceived to be of higher quality compared to local brands, limitations on these statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Infant Nutrition Market is segmented by product type and Distribution channel and region. Basis on the product type, the market can be segmented as follow-on milk formula, starting milk formula, special milk formula and Toddlers milk formula. Based on Distribution channel, market is segmented as speciality outlets, online, supermarkets, chemist/pharmacist/Drugstore and others. By region, Market can be segmented as North America, Latin America, Asia-Pacific, Europe and Middle East and Africa.
Major players in this market Abbott Nutrition Mead Johnson Nutrition, Beingmate Baby & Child Food Co. The Kraft Heinz Company , Synutra International, Nestlé S.A., Meiji Holdings Co. Ltd, Ltd Pfizer Inc., Groupe Danone,, FrieslandCampina,
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
